INTEL CORP (INTC) SEC Filing 10-K Annual report for the fiscal year ending Saturday, December 31, 2016

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Intel Corporation
2200 Mission College Blvd.
Santa Clara, CA 95054-1549
intellogobw2015q1a20.jpg News Release

 
Intel Reports Record Full-Year Revenue of $59.4 Billion;
Reports Record Quarterly Revenue of $16.4 Billion


News Summary:
Revenue growth in 2016 driven by strength across the business including full-year revenue growth in Client Computing, Data Center, and Internet of Things
Record annual cash flow from operations of $21.8 billion
Solid earnings with GAAP net income of $10.3 billion; non-GAAP net income of $13.2 billion

SANTA CLARA, Calif., January 26, 2017 -- Intel Corporation today reported full-year revenue of $59.4 billion, operating income of $12.9 billion, net income of $10.3 billion and EPS of $2.12. Intel reported non-GAAP revenue of $59.5 billion, operating income of $16.5 billion, net income of $13.2 billion, and EPS of $2.72. The company generated approximately $21.8 billion in cash from operations, paid dividends of $4.9 billion and used $2.6 billion to repurchase 81 million shares of stock.

For the fourth quarter, Intel posted revenue of $16.4 billion, operating income of $4.5 billion, net income of $3.6 billion and EPS of 73 cents. Intel reported non-GAAP operating income of $4.9 billion, net income of $3.9 billion, and EPS of 79 cents. The company generated approximately $8.2 billion in cash from operations, paid dividends of $1.2 billion, and used $533 million to repurchase 15 million shares of stock.

“The fourth quarter was a terrific finish to a record-setting and transformative year for Intel. In 2016, we took important steps to accelerate our strategy and refocus our resources while also launching exciting new products, successfully integrating Altera, and investing in growth opportunities,” said Brian Krzanich, Intel CEO. “I’m pleased with our 2016 performance and confident in our future.”

Full-Year 2016 Business Unit Trends*
Client Computing Group revenue of $32.9 billion, up 2 percent from 2015
Data Center Group revenue of $17.2 billion, up 8 percent from 2015
Internet of Things Group revenue of $2.6 billion, up 15 percent from 2015
Non-Volatile Memory Solution Group revenue of $2.6 billion, down 1 percent from 2015
Intel Security Group revenue of $2.2 billion, up 9 percent from 2015
Programmable Solutions Group revenue of $1.7 billion

* The first quarter of 2016 had 14 weeks of business versus the typical 13 weeks, as the company realigned its fiscal year with the calendar year.

Q4 Business Unit Trends
Client Computing Group revenue of $9.1 billion, up 4 percent year-over-year
Data Center Group revenue of $4.7 billion, up 8 percent year-over-year
Internet of Things Group revenue of $726 million, up 16 percent year-over-year
Non-Volatile Memory Solution Group revenue of $816 million, up 25 percent year-over-year
Intel Security Group revenue of $550 million, up 7 percent year-over-year
Programmable Solutions Group revenue $420 million


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The following information was filed by INTEL CORP on Thursday, January 26, 2017 as an 8K 2.02 statement, which is a press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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  • Form Type: Annual
  • Number of times amended: 0
  • Accession Number: 0000050863-17-000012
  • Submitted to the SEC: Friday, February 17, 2017
  • Accepted by the SEC: Friday, February 17, 2017
  • Period Ending: December 2016
Companies
 

INTC Morningstar

INTEL CORP

$36.53 +0.35 (+0.97%)

Day's Range:
$35.95 to $36.53

52-Week Range:
$29.50 to $38.45

Volume:
18,617,592

Volume (Avg):
22,050,900

Earnings per Share:
$2.12

PEG / Short / PE Ratios:
1.59 / 3.47 / 17.23

Market Cap:
$172.71B

Book Value:
14.00

EBITDA:
$22.87B